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Jul 28, 2013
07/13
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during his time he was an enemy of the environment. i think this was pretty damning in 1844. and it's hard to think of course of any boston merchant who did as much damage to the environment as this young man. of course this young man today is on environmentalism. now there is a lesson here which is that we are a destructive species and if you love nature it often makes sense to stay away from it. now, also i started acquiring and out small children five years ago. laughter can you can tell i'm an economist to the donelson moved to the woods not far and i started to do a lot more damage to the environment than monroe did. now it's not -- i'm taking no stand on the science of global warming in this book but certainly if you are worried about global warming more about the price of gas at the pump that in fact living in relatively compact urban spaces means less energy consumption even holding one fact is that people that live in the house's use on average 88% less electricity than people that live in apartments. the gap is so much smaller but it still is there and a lot of the
during his time he was an enemy of the environment. i think this was pretty damning in 1844. and it's hard to think of course of any boston merchant who did as much damage to the environment as this young man. of course this young man today is on environmentalism. now there is a lesson here which is that we are a destructive species and if you love nature it often makes sense to stay away from it. now, also i started acquiring and out small children five years ago. laughter can you can tell i'm...
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Jul 24, 2013
07/13
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we'll work with both parties to turn the page on fannie mae and freddie mac and build a housing environment solid for generations. we need to do more to strengthen home ownership in this country. and i hear from too many people across the country face to face or in letters that they sent me that they feel as if retirement is just receding from their grasp. it's getting part and part away. today they have millions of balancings going up and some of the losses taking place during the financial crisis have been recovered, but we still live with an upside down system where those at the top, folks like me get generation tax incentives to save while tens of millions of hard americans while they are struggling, they get none of those breaks at all, so as we work to reform our tax code, we should find new ways to make it easier for workers to put away money and free middle class familiar his from the fear that they won't be able to retire. and if congress is looking for a bipartisan place to get started i should just say they don't have to look far. we mentioned immigration reform. economists show
we'll work with both parties to turn the page on fannie mae and freddie mac and build a housing environment solid for generations. we need to do more to strengthen home ownership in this country. and i hear from too many people across the country face to face or in letters that they sent me that they feel as if retirement is just receding from their grasp. it's getting part and part away. today they have millions of balancings going up and some of the losses taking place during the financial...
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Jul 28, 2013
07/13
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we must invest more. -- grading the type of environment that optimizes environments. by supporting african-american mothers and fathers, and understanding how important is the we invest in children at birth, and by a quipping black families with information and resources needed to access high- quality education, we can make sure the steps they take prepare them for a life for success. -- on average, children of working mothers spend 35 hours a week and shall give. childcare. chuck conner is an essential for too many african- american boys, the extreme cost associated with high-quality loss.care result in by age five years old, the de- six percent of low income black kids are not prepared for kindergarten. the gaps are water when they miss out on higher learning opportunities. public -- thee 12 k-12 public education system, the economic crisis, high cost of childcare, and various laws leave parents to pursue non- center care, like leaving babies with adults, and those who pursue it can be an extreme burden of cost. nationally, the cost for full- time child care for inf
we must invest more. -- grading the type of environment that optimizes environments. by supporting african-american mothers and fathers, and understanding how important is the we invest in children at birth, and by a quipping black families with information and resources needed to access high- quality education, we can make sure the steps they take prepare them for a life for success. -- on average, children of working mothers spend 35 hours a week and shall give. childcare. chuck conner is an...
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Jul 29, 2013
07/13
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we'll not be living in a coalition and village environment. we are putting them right in the socom of the headquarters command. that is groundbreaking. where doing it within rules and regulations, but it is a tremendous task to accomplish. >> let's take one more question, if we have one. back there. i'm a high school student. as you have been talking about this new program with the initiative, will we see programs such as the police and initiative, i cap been in afghanistan? more bottom-up security across the globe? >> yes. [laughter] what you are seeing is a security forces dissidents building partnerships. departing on -- depending on which country team, the you do the military side before you do the diplomacy side, and there is always a catch there. i'm a believer you will not have good democracy without good security. there is a allen's there. sometimes hopefully all the old nearsighted guys will go off and these guys who have had positive experiences will recognize what we need is a couple of guys to work with us. we can get a lot more do
we'll not be living in a coalition and village environment. we are putting them right in the socom of the headquarters command. that is groundbreaking. where doing it within rules and regulations, but it is a tremendous task to accomplish. >> let's take one more question, if we have one. back there. i'm a high school student. as you have been talking about this new program with the initiative, will we see programs such as the police and initiative, i cap been in afghanistan? more...
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Jul 30, 2013
07/13
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MSNBCW
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like we said before, we understand that this law was passed in order to create a safe environment for people to defend themselves, but we also understand that we don't want laws that condone violence. we need laws that are going to help prevent that. >> so this idea of sort of being at the table, it's an interesting one. we were just talking about north carolina and the fact there have been 13 weeks of protesters there. that governor never did come out and meet with those protesters. you, on the other hand, did get to have a meeting with governor rick scott. tell me about it and why that ended up not being enough for you. >> yeah. well, governor rick scott on day one told us he wasn't going to meet us the at all and wouldn't be calling this special session. on day three, actually night three, he said he would have a meeting with us. about 8:00 p.m. we found out he was going to meet up with us at 9:00 p.m. there were seven people sent into that meeting with him. i was one of them. we basically shared our stories with the governor and we laid out the way trayvon's law would look. you kn
like we said before, we understand that this law was passed in order to create a safe environment for people to defend themselves, but we also understand that we don't want laws that condone violence. we need laws that are going to help prevent that. >> so this idea of sort of being at the table, it's an interesting one. we were just talking about north carolina and the fact there have been 13 weeks of protesters there. that governor never did come out and meet with those protesters. you,...
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Jul 29, 2013
07/13
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that is an environment where i have felt very comfortable. it certainly was the way treasury operated when i was there under secretary geithner and that is how i felt working directly for the president. 's what is the president management or leadership style? >> when it comes to economics, the president has outstanding intuition and is will read -- will read. he will point out articles i need to read. i do my homework. difficulty i have had is when i worked at treasury, i knew what the treasury secretary's portfolio was. that was during the financial crisis. the president has many other issues on his plate. i try to be judicious in not overloading him, but providing him the information i think he needs the most. i have enjoyed being adviser to him. it is a funny thing. as a professor, you have a completely different life. you write articles and try to discover new things. as an advisor, it is necessary to be discreet. it is necessary to be mindful of not principal's time and take up more time than necessary. it is to anticipate what informati
that is an environment where i have felt very comfortable. it certainly was the way treasury operated when i was there under secretary geithner and that is how i felt working directly for the president. 's what is the president management or leadership style? >> when it comes to economics, the president has outstanding intuition and is will read -- will read. he will point out articles i need to read. i do my homework. difficulty i have had is when i worked at treasury, i knew what the...
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Jul 25, 2013
07/13
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this bill is a pro-jobs, pro-environment, anti-bureaucracy bill. if you want progress instead of process, protection instead of politics, and jobs instead of a continued uncertainty, vote for this bill. we find ourselves in this morass of regulatory uncertainty because the existing approach to environmental regulation. this bill presents a new approach that will reduce the inefficiencies of our federal rule making process by setting a national standard in the statute and charging the states with implementation. if you support protecting jobs and preserving state rights and trust your state environmental regulators to protect our communities, you need to support this bill and vote yes on final passage. with this, mr. chairman, i reserve the balance of my time. the chair: the gentleman reserves. the gentleman from california is recognized. mr. waxman: mr. chairman, i yield myself such time as i may consume. day the house is considering legislation to block e.p.a. from acting to ensure the toxic coal ash is safely disposed of. the coal ash is the resu
this bill is a pro-jobs, pro-environment, anti-bureaucracy bill. if you want progress instead of process, protection instead of politics, and jobs instead of a continued uncertainty, vote for this bill. we find ourselves in this morass of regulatory uncertainty because the existing approach to environmental regulation. this bill presents a new approach that will reduce the inefficiencies of our federal rule making process by setting a national standard in the statute and charging the states...
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Jul 25, 2013
07/13
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to the environment. maybe even negative. maybe even no benefit to the environment. they're killing jobs. i don't think the american people would mind transparent sincerity. is it true these are going to bring benefits. what are the true costs and having somebody look over that? >> host: do you have the votes for the legislation? >> guest: ting will pass the house, absolutely. we had some democrats vote for it in the committee. >> host: in the senate do you have a colleague taking up? >> guest: yes we have a colleague will introduce it. senator reid is less concerned. maybe that reid will try and discourage that it will introduced to the companion bill on the senate side. >> host: let's go to kentucky. >> caller: good morning. i've been fighting with the epa since 2011, i have oil wells on my property that have been abandoned. i have one out here besides my house that has oil in the creek that has been there all year that goeses to a million -- [inaudible] that goes down a main highway to the ohio river. i've been fighting with the people to get out here and get if c
to the environment. maybe even negative. maybe even no benefit to the environment. they're killing jobs. i don't think the american people would mind transparent sincerity. is it true these are going to bring benefits. what are the true costs and having somebody look over that? >> host: do you have the votes for the legislation? >> guest: ting will pass the house, absolutely. we had some democrats vote for it in the committee. >> host: in the senate do you have a colleague...
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Jul 30, 2013
07/13
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CNBC
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environment that runs the network. everything where we get dial tone and et cetera. we didn't compete in that market. that went around the switch. we now with acme packet have now capabilities that now allow us to compete in that market. it's a brain-new market for us. we get to leverage our existing go-to-market for telcos which is large, and now add a set of capabilities we didn't have before. it will help us grow. >> so when do the headwinds get out of the way? you talk about -- i mean, this is the million-dollar question, right? you have europe. you have emerging markets that are troubled. we know that. when do these barriers get out of the way, and when do you see a real vision in terms of growth picking up at oracle? are you going to miss another quart ir? >> listen, sanford and i use the same quote. we're not economists. i can't predict the economy for you. what i can predict for you is us. our ability to execute. our agent to get things done. you'll see us gain share, you'll see us perform and be -- within the context of what we're headed, we'll perform real
environment that runs the network. everything where we get dial tone and et cetera. we didn't compete in that market. that went around the switch. we now with acme packet have now capabilities that now allow us to compete in that market. it's a brain-new market for us. we get to leverage our existing go-to-market for telcos which is large, and now add a set of capabilities we didn't have before. it will help us grow. >> so when do the headwinds get out of the way? you talk about -- i...
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Jul 30, 2013
07/13
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the young people, and we listened to the wisdom of the older people, and it's an each one teach one environment. >> i'm so happy that there are your age people here because we wanted to hear from the people on the ground that experience all the things going on. importantly, i feel like i wanted to hear from the people that are doing things. we don't have to reinvent the wheel. we have a lot of good things going on now, and i want to know how we can further d. >> speak in -- there you go. >> i'm saying i'm so glad there are all age people here -- where's my mic? i don't know. >> i'm so glad there are all age people here and there were all ages earlier, because we want to hear from everybody. everybody has ideas and suggestions, and you're the ones living in the community, and you can come and tell us what you think will work. and the other thing is i was hoping that people that are involved in god things have -- in good things have shared those, because i don't think we need to keep reinventing the wheel. we need to support the good things going on in chicago now, and there are a lot of good thi
the young people, and we listened to the wisdom of the older people, and it's an each one teach one environment. >> i'm so happy that there are your age people here because we wanted to hear from the people on the ground that experience all the things going on. importantly, i feel like i wanted to hear from the people that are doing things. we don't have to reinvent the wheel. we have a lot of good things going on now, and i want to know how we can further d. >> speak in -- there...
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Jul 24, 2013
07/13
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what is going to be interesting in a rising rate environment, the environment we will be in, is that high yield is going to probably see a little less interest rate sensitivity to it than a treasury bond would. and you've got that nice coupon that will offset some of the negative consequences of a rising interest rate. but it is still a fixed income asset and it has been a very popular trade. now, when we look at the fundamentals of high yields and we say is there a catalyst that would cause high yield default rates to go up, we don't see one. so look at the u.s. economy, look at the strength, the balance sheets of the individual companies that were making investments and no real reason to think that is going to change suddenly. but you look at the relative attractiveness of the asset class, the total return gains that we have seen from high yield we think are behind us, not in front of us. >> which makes sense when you look at the credit quality curve and what we see at the cycle at the moment. we'll discuss this a little bit more in a moment. i want to dive into emerging markets fi
what is going to be interesting in a rising rate environment, the environment we will be in, is that high yield is going to probably see a little less interest rate sensitivity to it than a treasury bond would. and you've got that nice coupon that will offset some of the negative consequences of a rising interest rate. but it is still a fixed income asset and it has been a very popular trade. now, when we look at the fundamentals of high yields and we say is there a catalyst that would cause...
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Jul 26, 2013
07/13
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CNBC
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you know, you realize that was a redysfunctional environment. >> that's when you file the lawsuit. >> hopefully it is, right, or at least get a better job because you don't want to be working in that environment. >> really a very interesting article. allison, thank you so much. >> we want to hear from you. do you have a story about a horrible psych pathic boss? tell us about it on our facebook page, facebook.com/powerlunch. ty, over to you. >> all right, sue. power rundown time. john pisani and john carney. let's start with the psycho bosses. bob, among the many psycho bosses you've had at cnbc, which one was the worse? >> thank you. can i get up now and leave? i think it's a great story. managing people is a completely separate skill set and most people aren't very good at it. i'd say yes to everybody, be a terrible manager. we've seen all of us, the effects of bad management. i think it's a story, a major human resource problem in the united states. human resources has to do a better job of doing this. >> am i a good boss or what? >> you're a wonderful boss. >> john carney, how do y
you know, you realize that was a redysfunctional environment. >> that's when you file the lawsuit. >> hopefully it is, right, or at least get a better job because you don't want to be working in that environment. >> really a very interesting article. allison, thank you so much. >> we want to hear from you. do you have a story about a horrible psych pathic boss? tell us about it on our facebook page, facebook.com/powerlunch. ty, over to you. >> all right, sue. power...
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191
Aug 1, 2013
08/13
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let's talk about the speaking of being in a female environment and let's talk a little bit about your transition. your transition to to the staff as the first lady. you've been working in proximity to the president and the political people, that is just a few steps away. then there is the east wing, which is a universe in some residencies away from the west wing and it is a physical distance as well. so how was that adjustment for you to move out of the policy world's and policy matters. how is a transition in and let me add a second question to that first question. and every single administration without exception, the first lady's office complains that the men in the west wing don't take you seriously, it's kind of annoying, oh, here she comes, so talk about the transition for you, which is on unusual going boy from the west wing tv screen. and talk about what it was like to try to make the first lady's issues as much of a priority as clearly you would like them to be when the west wing thinks it has other priorities. >> that's interesting. okay, to the first question, and i really
let's talk about the speaking of being in a female environment and let's talk a little bit about your transition. your transition to to the staff as the first lady. you've been working in proximity to the president and the political people, that is just a few steps away. then there is the east wing, which is a universe in some residencies away from the west wing and it is a physical distance as well. so how was that adjustment for you to move out of the policy world's and policy matters. how is...
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Jul 24, 2013
07/13
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we will see how it does in these other environments. they will take it to some of the rough training grounds and see how the robot does. something to keep an eye on. host: we are talking about new tech and tactics for the future of four with joe pappalardo of "popular mechanics." steve, you are up next. caller: thank you. my question for joe -- i am a former marine and i am all for the new technology. what are your concerns about the chinese and russian and it ran intoan as far as hacking our missile systems, and iran, they stole a stealth bomber from us. i know that the u.s. has disrupted our nuclear program -- disrupted their nuclear program with worms and viruses, but what tactics are the marines using as to say, hey, we conceal this from you anytime we want -- we can steal this from you anytime we want? guest: that is a great question. it is an emerging field. i don't think it was a bomber, it was a surveillance drone that crashed or was brought down in iran, and they were able to parade it out. expect more. isht now, cyber warfare
we will see how it does in these other environments. they will take it to some of the rough training grounds and see how the robot does. something to keep an eye on. host: we are talking about new tech and tactics for the future of four with joe pappalardo of "popular mechanics." steve, you are up next. caller: thank you. my question for joe -- i am a former marine and i am all for the new technology. what are your concerns about the chinese and russian and it ran intoan as far as...
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Jul 25, 2013
07/13
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i'll expose myself to the environment environmentistas. >> they're getting the doughnuts ready. >> it is a free fat. it is a free punch. doesn't help anyone. >> with that disgusting thought in mind, let's talk about shares of facebook. they have been trading sharply higher after the company's quarterly release. joining us now with reaction is gene munster at piper jaffray. the stock up more than 17%. have they silenced the critics at this point? >> i think they have. i think it is funny to look back a year ago as the mobile was the big problem for facebook. now it is a big opportunity. it just has been a total reversal. not only that, there was this what facebook called the urban myth of teens using facebook less. and zuckerberg was very clear in his prepared remarks to give some stats that would kind of go on the face of that, showing the u.s. teens' usage is steady. the classic prosecute folio manage whose daughter is using facebook left, he tried to calm some of the fears. both the near term on mobile and how it fits into social, they have done a good job last night of calming thos
i'll expose myself to the environment environmentistas. >> they're getting the doughnuts ready. >> it is a free fat. it is a free punch. doesn't help anyone. >> with that disgusting thought in mind, let's talk about shares of facebook. they have been trading sharply higher after the company's quarterly release. joining us now with reaction is gene munster at piper jaffray. the stock up more than 17%. have they silenced the critics at this point? >> i think they have. i...
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Jul 29, 2013
07/13
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KQED
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he measured the climate, the environment. he was trying through his message to bring us all together as one people, as one family, as one house, the american house, the world house. and there was room. there was a place for all americans. it was not just black americans. white americans, latinos, native americans, asian-americans, women, men, everybody. >> but we have largely forgotten that, in the beginning, his words were stinging as they spoke about reality. >> in a sense we have come to our nation's capital to cash a check. it is obvious today that america has defaulted on this promissory note insofar as her citizens of color are concerned. instead of honoring this sacred obligation, america has given the negro people a bad check. a check which has come back marked "insufficient funds." but we refuse to believe that the bank of justice is bankrupt. we refuse to believe that there are insufficient funds in the great vaults of opportunity of this nation. so we've come to cash this check, a check that will give us upon deman
he measured the climate, the environment. he was trying through his message to bring us all together as one people, as one family, as one house, the american house, the world house. and there was room. there was a place for all americans. it was not just black americans. white americans, latinos, native americans, asian-americans, women, men, everybody. >> but we have largely forgotten that, in the beginning, his words were stinging as they spoke about reality. >> in a sense we have...
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are they prepared now to move to a new environment where they'll be making money in a different kind of way? >> well, i think they are, and that's why we have become more constructive on financialings. actually being able to make money by banking by making solid loans. the economy's improving a little bit, and they're going the get a better spread on their money. it also sets up the stage as the fed begins to come out of the market if, in fact, they do,backs are going to be healthy. -- banks are going to be healthy. liz: okay. we know to go to ashley weaponster, he's got kraft numbers. >> we're just going through these. on the eps, earnings per share, the estimate was for 66 cents, it's coming in at 1.38 including items, but if you take out a 62 cent benefit and a charge, the actual operating profit is 85 cents eps which is a nice beat on that line. but the revenue coming in just a little short. the estimate was for $4.81 billiin, the actual number is $4.74 billion. kraft reporting that organic net revenue falling 1.2% on lower pricing. also they've been coming under pressure for hig
are they prepared now to move to a new environment where they'll be making money in a different kind of way? >> well, i think they are, and that's why we have become more constructive on financialings. actually being able to make money by banking by making solid loans. the economy's improving a little bit, and they're going the get a better spread on their money. it also sets up the stage as the fed begins to come out of the market if, in fact, they do,backs are going to be healthy. --...
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Jul 26, 2013
07/13
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MSNBCW
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perhaps create a more welcome environment for those returning home from prison. how are we able to do those things, especially with the budget restraints we have throughout the country? >> we definitely need an urban strategy. it's called priorities. if we invest now, that will save a lot of money. sending someone to prison costs a whole lot more money than sending someone to college. >> one thing i found interesting is what you guys are sort of talking about is the anti-new town. this is sort of a systemic system of violence. it doesn't stop. you have 72 people shot over fourth of july weekend and it doesn't necessarily bat an eye to many folks around the country, saying it is what it is. it's always going to happen. how do you reverse that. what do you say to people who say, look, chicago is flush with money, there are tons of people who have been paid for years. this system does not change by any means. the kids are never cared about. more employees pad their bank accounts. >> of course i disagree with that and with all due respect to newtown, think the issue
perhaps create a more welcome environment for those returning home from prison. how are we able to do those things, especially with the budget restraints we have throughout the country? >> we definitely need an urban strategy. it's called priorities. if we invest now, that will save a lot of money. sending someone to prison costs a whole lot more money than sending someone to college. >> one thing i found interesting is what you guys are sort of talking about is the anti-new town....
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Jul 26, 2013
07/13
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CNBC
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>> yeah, i mean, i think it is still a very difficult environment and if we look at -- some of the top ten drivers, it is true spanish -- gdp contraction has shrunken significantly. i think the expectations would be in the second half of the year, gdp remains relatively stable. but a number of the underlying indicators still remain quite neck ti negative for spain and that has negative implications for how long the banks will need to be booking significant provisions. so the unemployment numbers, the need for the spanish government to continue with the deficit reduction programs so they have been given more time, but still a relatively high deficit and environment of low growth, it is going to be quite difficult to reduce that deficit without having negative impacts on the domestic economy. despite the seasonal improvement you're seeing now, this summer, our view would still be that over the next 12 to 18 months, it would be too difficult from the current data to extrapolate we're on a sustainable improving trend. >> yeah, the bank of spain also asked lenders to reclassify more of thei
>> yeah, i mean, i think it is still a very difficult environment and if we look at -- some of the top ten drivers, it is true spanish -- gdp contraction has shrunken significantly. i think the expectations would be in the second half of the year, gdp remains relatively stable. but a number of the underlying indicators still remain quite neck ti negative for spain and that has negative implications for how long the banks will need to be booking significant provisions. so the unemployment...
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Jul 25, 2013
07/13
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CSPAN2
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business environment. dig deeper and you learn respondents were deterred from investing in the united states not simply by higher statutory corporate tax rate but also by the sheer complexity of the uncertainty of the future tax code. i mentioned that report to people and they nod their heads in agreement. that's what they have found themselves, too. the survey concludes with a dire warning. "for the first time in decades, the business environment in the united states is in danger of falling behind the rest of the world." end quote. that's bad news for everyone. a fundamentally weakened u.s. economy is not only an american problem but also a global risk. end quote. mr. president d. madam president, chairman camp and i have been working together for more than two years on comprehensive tax reform. here in the senate i have been working on tax reform the past three years with my good friend, senator hatch, the ranking member of the finance committee. we've held more than 30 hearings, heard from hundreds of e
business environment. dig deeper and you learn respondents were deterred from investing in the united states not simply by higher statutory corporate tax rate but also by the sheer complexity of the uncertainty of the future tax code. i mentioned that report to people and they nod their heads in agreement. that's what they have found themselves, too. the survey concludes with a dire warning. "for the first time in decades, the business environment in the united states is in danger of...
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Jul 25, 2013
07/13
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FOXNEWSW
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if you have options on the table you will have solutionsment family environment and blended environment. and good situation leads to better economic future. we can't have the conversation without action. rallies are great. but instead of rallies, or in addition to the rallies. have meetings with family and communities and get them to work together and solve the localized problems. the federal approach doesn't work because communities are different. >> it is not a civil right's industry myth. i worked with mtv. who has glorified the baby momma culture with flavor flaf. and you saw all of those west virginia politician saying you will not represent our community. they won. but the entertainment has glorified this type of behavior. it is not just civil right's folks. we need to look at hollywood. >> it is a true way that we are you see black men represented in entertainment. that is a problem. >> you talk about west virginia leaders. does that say there is a greater weight on black leaders when they see negative programming, they have a duty to step up and say we don't want you to encourag
if you have options on the table you will have solutionsment family environment and blended environment. and good situation leads to better economic future. we can't have the conversation without action. rallies are great. but instead of rallies, or in addition to the rallies. have meetings with family and communities and get them to work together and solve the localized problems. the federal approach doesn't work because communities are different. >> it is not a civil right's industry...
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Jul 31, 2013
07/13
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also, the security threat environment has just never been more challenging with all of the new control points. in addition to pcs, smart cell phones in your homes and cars, it's really becoming much more sophisticated and challenging environment to protect for consumers, for businesses, and for countries. >> we know speaking of countries, you're all over the world. international is 51% of revenue. europe is 27% along with middle east, asia-pacific is 18%. are you feeling better about ex-u.s. business than you were before? >> i feel good about our business outside the u.s. i think this is such a global threat environment, and one of the things i didn't mention that i should have is according to idc, the markets that we're playing, we're very fortunate, are growing 8% to 10% a year. so we have just built in demand. we have a nice tailwind. we're still losing share though. i'm pleased with our progress but we're still losing share but we're making positive strides. and so our goals over the long term are to get back to the leader of the industry to gain share. >> mr. bennett, 50% of the w
also, the security threat environment has just never been more challenging with all of the new control points. in addition to pcs, smart cell phones in your homes and cars, it's really becoming much more sophisticated and challenging environment to protect for consumers, for businesses, and for countries. >> we know speaking of countries, you're all over the world. international is 51% of revenue. europe is 27% along with middle east, asia-pacific is 18%. are you feeling better about...
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Jul 30, 2013
07/13
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in certain cases, they're even desirable in the current budgetary environment. but this bill goes far beyond what's reasonable by reneging on the spirit of the agreed to spending levels in the budget control act. the cuts in this bill to the community development block grant program, the transportation investment endanger the well being of america's cities and towns as well as our residents. expanding economic opportunities and creating jobs continuing to be my top priority in congress. that's exactly what this country needs right now, it's certainly what we need in rhode island given we have the fourth highest unemployment rate in the nation. this bill achieves neither of these goals, the congressional budget office estimates just last week that sequestration would result in up to 1.6 million fewer american jobs by the end of september, 2014. yet my republican colleagues have decided to double down on this reckless policy by crafting the t-h.u.d. bill with the assumption that sequestration remains in effect. well, these cuts translate into real jobs and real be
in certain cases, they're even desirable in the current budgetary environment. but this bill goes far beyond what's reasonable by reneging on the spirit of the agreed to spending levels in the budget control act. the cuts in this bill to the community development block grant program, the transportation investment endanger the well being of america's cities and towns as well as our residents. expanding economic opportunities and creating jobs continuing to be my top priority in congress. that's...
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Jul 31, 2013
07/13
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you are sticking with that and what would you do in this environment? we know the fed would like to taper but based on this statement not anytime real soon. maybe sent. we didn't really get more after hint of that today though. >> no, we didn't and that's to be expected. this is pretty as-is statement. i think if anything it leans to the dovish side. i think you're seeing the bond market react to with lower yields coming off yields coming down since the peaks this morning. really a range-bound market for bond. the market continues to digest the fact, yes, at some point we'll have a taper, probably in sent but that's not a sure bet. in that market is pricily for it. any upside is limited, yes, because of the taper and with what it means to bond valuation. you play this market with some sectors hit a little bit too hard from the tapering fears. that is municipal bond, lower rated bond which allow to you capture a higher yield because the economy is still growing even if sluggishly. that is how you play the range-bound, until we get more clarity from the f
you are sticking with that and what would you do in this environment? we know the fed would like to taper but based on this statement not anytime real soon. maybe sent. we didn't really get more after hint of that today though. >> no, we didn't and that's to be expected. this is pretty as-is statement. i think if anything it leans to the dovish side. i think you're seeing the bond market react to with lower yields coming off yields coming down since the peaks this morning. really a...
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Jul 27, 2013
07/13
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seen that in other politicians in history, and i think it puts him at risk of reoffending because that environment makes him so susceptible to reoffending again. >> do you think this kind of behavior is fueled by power? is it more common among people in power or we're just hearing more of it? >> that's a really good question, and i think it's a decision between whether or not we think the problem is really more like an addiction or is the problem more like the person has a personality disorder? when somebody is a narcissist, we hear that term, and oftentimes it's that position of power and that drive is really what fuels that behavior. it's like, what can they get away with, and they just keep escalating after that, just testing the waters. so i'm not exactly sure which one it is for mayor filner, but i think with the people he's offend offended, i think they probably would say he's a narcissist that is just trying to get away with it. >> we'll have to see what happens with him. judi ho, thank you very much. >> thank you. >>> a new film that is a racially charged case that's drawing comparison to
seen that in other politicians in history, and i think it puts him at risk of reoffending because that environment makes him so susceptible to reoffending again. >> do you think this kind of behavior is fueled by power? is it more common among people in power or we're just hearing more of it? >> that's a really good question, and i think it's a decision between whether or not we think the problem is really more like an addiction or is the problem more like the person has a...
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Jul 30, 2013
07/13
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and that's an environment where i have felt very comfortable, so it was the way treasury operator when i was there under secretary geithner and that's how i felt working for directly for the president. >> one of the president's management style over leadership style? >> i can tell you when it comes to economics, president has outstanding tuitions about economics and is very well read. you often point out things, articles to me has read that i need to go read. >> i guess you do. >> and i do. i do my homework. and the difficult, the difficult i've had when i worked at treasury, i knew what the treasury secretary's portfolio was, and that was during, particularly tumultuous time during the financial crisis. the president has many other issues on his plate so i try to be judicious in not overloading him, but providing them with information that i think he needs most. i've enjoyed being an advisor. it's a funny thing, as a professor, you have completely different life. as a professor you write articles and to try to discover new things and blow them to the rest of the world. as an advisor i
and that's an environment where i have felt very comfortable, so it was the way treasury operator when i was there under secretary geithner and that's how i felt working for directly for the president. >> one of the president's management style over leadership style? >> i can tell you when it comes to economics, president has outstanding tuitions about economics and is very well read. you often point out things, articles to me has read that i need to go read. >> i guess you...
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Jul 30, 2013
07/13
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iraq is facing a very challenging security environment. other big middle eastern producers could see significant geopolitical threats like libya is another big country we're watching. so, again, given the importance of the middle east to the production story and given the political volatility there, we think there is significant pressure on prices from geopolitics going forward. we're not going to be able to get away from that. >> would you expect them to put even former caps on production and to what degree can they enforce those among their members? >> that's a great question. what you want to watch for is if we saw prices slip significantly below $100 a barrel, because right now in the saudi oil minister says $100, we think if you look at defense spending and social expenditure that is probably what they need to balance budgets. if we get into a situation where we see prices falling significantly north of $100, we think saudi arabia will be under pressure to firm up prices. so that's the environment you want to look for for a potential
iraq is facing a very challenging security environment. other big middle eastern producers could see significant geopolitical threats like libya is another big country we're watching. so, again, given the importance of the middle east to the production story and given the political volatility there, we think there is significant pressure on prices from geopolitics going forward. we're not going to be able to get away from that. >> would you expect them to put even former caps on...
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Jul 30, 2013
07/13
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i feel like i'm doing my part to help out the environment. we've been able to clear away rthe rubble from the financialf the amcrisis.people, we started to lay a new foundation for stronger, more durable economic growth. but we're not there yet. what we need is not a 3-month plan or even a 3-year plan. we need a long-term american strategy: job security with good wages and durable industries. a good education. reducing poverty. reducing inequality. growing opportunity. i'm going to keep pushing to make high-quality preschool available for every four-year-old in america it's time for the minimum wage to go up. (cheers) but i won't be able to do it alone, so i'm going to be calling... on all of us to take up this cause. good jobs; a better bargain for the middle class... and the folks who are working to get into the middle class; an economy that grows from the middle-out. that's what we need. (cheers) ♪ [ male announcer ] it's a golden opportunity to discover the heart-pounding exhilaration beyond the engineering. ♪ come to the golden oppor
i feel like i'm doing my part to help out the environment. we've been able to clear away rthe rubble from the financialf the amcrisis.people, we started to lay a new foundation for stronger, more durable economic growth. but we're not there yet. what we need is not a 3-month plan or even a 3-year plan. we need a long-term american strategy: job security with good wages and durable industries. a good education. reducing poverty. reducing inequality. growing opportunity. i'm going to keep pushing...
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the case is against sac capital indicted nor creating an environment of insider trading. they have not brought charges against steve cohen personally. >> issue, mr. cohen in my opinion is the target of the government's ultimate goal or they would seek to indictment him. >> right. >> the strategy, i'm not on the inside, per se i'm not sitting with mr. baharaj and people at u.s. attorneys office. >> right. >> they're bringing down the firm by indicting the company, not mr. cohen. my feeling they lack a live witness defense mr. cohen. circumstantially you could build a against against mr. cohen. circumstantially you can build a case against a lot of people. however what you don't have, is a person who can attest, i did do this furtherance along with -- >> based on this indictment, are they still trying to do that? >> in my opinion they're still trying to do that. >> okay. >> and my opinion, what i'm looking at the only people that actually can do that, are mart toma, even more and steinberg. >> more than march toma? >> more than march toma. steinberg. we know commune kated w
the case is against sac capital indicted nor creating an environment of insider trading. they have not brought charges against steve cohen personally. >> issue, mr. cohen in my opinion is the target of the government's ultimate goal or they would seek to indictment him. >> right. >> the strategy, i'm not on the inside, per se i'm not sitting with mr. baharaj and people at u.s. attorneys office. >> right. >> they're bringing down the firm by indicting the company,...
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Jul 30, 2013
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that is an environment where i have felt very comfortable. it certainly was the way treasury operated when i was there under secretary geithner and that is how i felt working directly for the president. >> what is the president's management or leadership style? >> when it comes to economics, the president has outstanding intuition and is well-read. he will point out articles i need to read. i do my homework. the difficulty i have had is when i worked at treasury, i knew what the treasury secretary's portfolio was. that was during the financial crisis. the president has many other issues on his plate. i try to be judicious in not overloading him, but providing him the information i think he needs the most. i have enjoyed being adviser to him. it is a funny thing. as a professor, you have a completely different life. you write articles and try to discover new things. as an advisor, it is necessary to be discreet. it is necessary to be mindful of your principal's time and not take up more time than necessary. it is to anticipate what information
that is an environment where i have felt very comfortable. it certainly was the way treasury operated when i was there under secretary geithner and that is how i felt working directly for the president. >> what is the president's management or leadership style? >> when it comes to economics, the president has outstanding intuition and is well-read. he will point out articles i need to read. i do my homework. the difficulty i have had is when i worked at treasury, i knew what the...
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Aug 1, 2013
08/13
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it's a positive environment for people to think about long-term investing and they're doing so. >> i thought this tweet perfectly encapsulated what's on a lot of people's minds. sure, the safe haven persona of the bond investor will move into a stock market at all-time highs, sure. >> again, you know, there is a normal tendency -- forget the stock market is at all-time highs. think about the 10, 12-yir type of returns. you have to think about things in perspective. we're going to talk i know about the bond market and we'll talk about what i see in the bond market, but in terms of trying to invest in equities, it's the same theme you reminded me was a year ago where we heard out of europe we're going to do whatever and that started the liquidity boom and there's no reason to think stock isn't going to be a great asset stock. >> even after up 20% for the year? >> you can't think of it that way. we have a lost decade. >> people are nervous about things that sound dangerously familiar. some of these instruments built around rentals, for instance. dangerous or not? >> putting on my former
it's a positive environment for people to think about long-term investing and they're doing so. >> i thought this tweet perfectly encapsulated what's on a lot of people's minds. sure, the safe haven persona of the bond investor will move into a stock market at all-time highs, sure. >> again, you know, there is a normal tendency -- forget the stock market is at all-time highs. think about the 10, 12-yir type of returns. you have to think about things in perspective. we're going to...
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Aug 1, 2013
08/13
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it's a depraved environment for them and they get incredibly frustrated and they can aggress toward their trainers. >> alisyn: carol, you worked at seaworld for a little more than three years. what was your concern with these killer whales? >> i was there for about three years and while i was there, we did not have very many aggressive incidents with trainers in the water. some of the footage in the film i think is some of the most startling footage that you'll see. while i was there i was lucky enough to be working with female whales that did not have a history of aggression. that said, i think it's important to note that any one of the whales in the seaworld collection and in captivity have the potential to cause serious harm to trainers. i think the film does a great job of wrapping up the issues that cause them to aggress toward trainers because of the environment they're in. >> alisyn: one of the most heart wrenching scenes in the movie is watching as the baby orcas are taken away from their parents and you can actually see the response of the whales to being separated. what happened
it's a depraved environment for them and they get incredibly frustrated and they can aggress toward their trainers. >> alisyn: carol, you worked at seaworld for a little more than three years. what was your concern with these killer whales? >> i was there for about three years and while i was there, we did not have very many aggressive incidents with trainers in the water. some of the footage in the film i think is some of the most startling footage that you'll see. while i was...
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Jul 31, 2013
07/13
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the work for the environment has been unparalleled, and one of the rare voices that has for many years understood the dangers of nuclear waste and been aware of the benefits of nuclear power but also the dangers. there's a long resume that this presiding officer has, and i want the record to reflect that i am terribly impressed with the work he's already done in the house and going to be even more impressed for the work that he will do here in the senate. the people of massachusetts are very, very fortunate to have the presiding officer as the senator from massachusetts. mr. president, following leader remarks the senate will resume consideration of the transportation, housing and urban development appropriations bill. at about 10:45 there will be a roll call vote in relation to the paul amendment. as i've indicated to him and others, we'll probably to table that. that will be up to the two managers of the bill, but i understand that is what they are going to do or someone will do. following disposition of the paul amendment, the senate will proceed to executive session to consider the
the work for the environment has been unparalleled, and one of the rare voices that has for many years understood the dangers of nuclear waste and been aware of the benefits of nuclear power but also the dangers. there's a long resume that this presiding officer has, and i want the record to reflect that i am terribly impressed with the work he's already done in the house and going to be even more impressed for the work that he will do here in the senate. the people of massachusetts are very,...
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Jul 29, 2013
07/13
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. >> the every intense media environment, every two-term president gets to a point where the american people stop listening, stop leaning forward hung grillly for information. i think this president got there earlier than most presidents. i think he is in that time now. bill: he has a long way to go still. brit hume, fox news senior political analyst, fresh off vacation. >> good morning, bill. bill: top of the morning as we say. what do you think about peggy noonan? is she on top of the john boehner sizzle running out a bit early and the american people tuning out a president that wants to talk about the economy? >> this eventually happens to most presidents, bill. i can remember lyndon johnson making speeches on vietnam as public support was ebbing away for that conflict and the speeches would command attention. the president always has a big megaphone, a big press corps ready to hear his every word. he can get on national television, big stage. after a while these presidential speeches become a depreciating asset of and i think the president has reached that point. as most president
. >> the every intense media environment, every two-term president gets to a point where the american people stop listening, stop leaning forward hung grillly for information. i think this president got there earlier than most presidents. i think he is in that time now. bill: he has a long way to go still. brit hume, fox news senior political analyst, fresh off vacation. >> good morning, bill. bill: top of the morning as we say. what do you think about peggy noonan? is she on top of...
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Jul 26, 2013
07/13
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you look for high crash companies right now in a rising rate environment. the flipsided overendebted on falling rates. doesn't that approach also potentially take you to companies that don't have prospects, so you got cash or you have a risk of that? >> well, we're not interested in as a general rule in directing draconian businesses and we don't like really, really bad businesses. what we are trying to do is to find a few and we only need a few to do well, and few good situation, and we would rather be roughly right than precisely wrong. >> thank you very, very much for coming in. >> my pleasure. >> when you come back, do you need some fun reading? how about the latest edition of "the squawk box." we will have one senator's exposed body, and you can get it at squawk@nbc.com. >>> hold on tight. we are just a weekend away from a huge week of economic data. wednesday, we will get private payrolls and the first look at the gdp in the second quarter, and friday, the all important jobs report, but wait, there is more. the fed kicks off a two-day policy meeting o
you look for high crash companies right now in a rising rate environment. the flipsided overendebted on falling rates. doesn't that approach also potentially take you to companies that don't have prospects, so you got cash or you have a risk of that? >> well, we're not interested in as a general rule in directing draconian businesses and we don't like really, really bad businesses. what we are trying to do is to find a few and we only need a few to do well, and few good situation, and we...
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Jul 29, 2013
07/13
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. >> that high-yield environment hedge must come through -- i believe will come through the note. you'll start to see an increased demand as well as issuance back to fixed or whatever it might be from the investor's perspective of a floating rate product. >> you actually look at, you know, some markets, the last two weeks we've come too far. so the likes of italy and spain, we think we could see 50 to 60 basis points by the end of september, with both italy and spanish ten-year yields because of bonds. a bit of too much good news is now being discounted. >> right. u.s. pending home sales data will be released at 10:00 eastern. expecting a modest increase in june. this after pending home sales soared 6.7% to hit a six-year high in may. joining us from ft. lauderdale, author of "foreclosure nation." sherry, good morning to you. thanks very much indeed for joining us. have we peaked in this cycle of home loan growth? >> well, home loans are down now, as we know, in part because of recent interest rate jumps. but also that's a seasonal issue. and the biggest issue, of course, is inven
. >> that high-yield environment hedge must come through -- i believe will come through the note. you'll start to see an increased demand as well as issuance back to fixed or whatever it might be from the investor's perspective of a floating rate product. >> you actually look at, you know, some markets, the last two weeks we've come too far. so the likes of italy and spain, we think we could see 50 to 60 basis points by the end of september, with both italy and spanish ten-year...
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Jul 31, 2013
07/13
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can i change my environment? >> reporter: and the answer is to those? >> you can. >> reporter: you can. >> i came from nothing. no one in my family is musical. i worked really hard and had this persistence. >> reporter: and katy perry is living proof. she seems to do anything she sets her mind to. ♪ kiss me >> why are we going so slow? >> reporter: you are working on a new album. >> i am plenty pleased with everything i'm writing. and it's -- you know, i think it's going to be a little bit more of a mature version of "teenage dream." ♪ you make me feel like i'm living a ♪ ♪ teenage dream >> i call it adult reality show. >> reporter: do you have long-term plans in the acting side of things? >> i'm like the director in where i'm at in music rite now. i get final cut. and i don't know if i'd have that in the other world. but you know, for "blade runner 2" to play rachel, i would obli oblige. >> reporter: these days, don't be shocked if he does. for "good morning america," cameron mathison, cancun, mexico. >>> let's go to sam for a check of the weat
can i change my environment? >> reporter: and the answer is to those? >> you can. >> reporter: you can. >> i came from nothing. no one in my family is musical. i worked really hard and had this persistence. >> reporter: and katy perry is living proof. she seems to do anything she sets her mind to. ♪ kiss me >> why are we going so slow? >> reporter: you are working on a new album. >> i am plenty pleased with everything i'm writing. and it's --...
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Jul 30, 2013
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it does not seem the political environment will be able to, but that. unrealistic. is your proposal being what we would do getting rid of a couple of years of sequester. i think it is like three quarters of it would be from revenue. whether you think that is the right policy or not, that will not happen, either. one of the questions is, what could we possibly get done when we should be trying to work on these issues and there will be moments when we are working on these issues. about politically what can get done. i am not sure your report lays out something that has much of a chance of going forward. qwest let me try to respond. we put forward a proposal that essentially says we could have a smaller deal. our view is to have roughly 50% revenue. 50% of revenue. we accept her for it. we count the fiscal cliff as part of the sequester. but i think what we are saying is, when you get to a reasonable amount, one you're talking about a couple hundred billion dollars, that seems much more reasonable on both sides. there is spending we could have, and revenue that can mak
it does not seem the political environment will be able to, but that. unrealistic. is your proposal being what we would do getting rid of a couple of years of sequester. i think it is like three quarters of it would be from revenue. whether you think that is the right policy or not, that will not happen, either. one of the questions is, what could we possibly get done when we should be trying to work on these issues and there will be moments when we are working on these issues. about...
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Jul 27, 2013
07/13
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looks like the period the president described in his first speech, that period in the post world war ii environment where we had a growing middle class. i think a lot of that's going to happen irrespective of the gloom and doom that you hear from everybody out there right now talking about the death of the american economy. >> new nbc/"wall street journal" poll that came out this week. i know you're familiar with it. in that poll one of the numbers, 45% of americans right now approve of president obama's handling of the economy. 51% now say they disapprove. is this a matter of policy failing the middle class or is the middle class going to be a casualty of our new economy because, among other things, they lack the skills to compete, many of them? >> well, i think the poll results you see there and lots of other places have a lot to do with what we were discussing a second ago, vis-a-vis kind of government dysfunction and obstructionism. you need to listen to ben bernanke, republican appointee. this is not a wild-eyed radical democrat. and what he himself is saying is congress, your fiscal policy is
looks like the period the president described in his first speech, that period in the post world war ii environment where we had a growing middle class. i think a lot of that's going to happen irrespective of the gloom and doom that you hear from everybody out there right now talking about the death of the american economy. >> new nbc/"wall street journal" poll that came out this week. i know you're familiar with it. in that poll one of the numbers, 45% of americans right now...
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Jul 24, 2013
07/13
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. >> and we look forward to what the product announcements are going to be, but in the environment after so much time has elapsed whether we are overplaying a prospect of what products may come to market, and underplay underplaying the strength of the iphone, because the strength of the sales in the united states are up 51% from a year ago and up 61% in china and the core of the business is the iphone and surely, it is doing well. >> well, it certainly is. it is beating expectations, but one market that apple has not penetrated well, and they have not gotten that deal with the china unicome. they have done well with china, but not with china unicom and long doing the negotiation. >> arik, it is not driven by a lower cost iphone? >> well, the growth and the blend of the sap on iphones is coming down and it was 600 or thereabouts and come down partially, because the older model iphones are selling better than expected which is dragging down the average price of unit quite a bit. the iphone 4 is going for 3 in some cases and the iphone 4s and plenty of people are buying that from the reduce
. >> and we look forward to what the product announcements are going to be, but in the environment after so much time has elapsed whether we are overplaying a prospect of what products may come to market, and underplay underplaying the strength of the iphone, because the strength of the sales in the united states are up 51% from a year ago and up 61% in china and the core of the business is the iphone and surely, it is doing well. >> well, it certainly is. it is beating...
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Jul 25, 2013
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we have a great team on the ground and improving in a very economic-challenged environment. it is good progress today. >> another story getting a lot of attention today is what consumer reports say about the 2014 chevy impala, and rave reviews. they gave the car 95 of 100, and s essentially, putting it on the list for large dance and yoused. it has always been a foreign brand and you to go back 20 years to get a american-made car to the top. if you look at the shares of general motors and go back to the ipo in 2009, the high point is over $38. there was a lot of discussion, could we get there following the better than expected earnings, and you would think so, but the day, the investors are saying, we will take a pause, because of the run over the last several months. >> okay. phil lebeau with the earnings report. thank you very much. and now let's bring in the cnbc contributor bob lutz, and former gm chairman. thank you for joining us this morning, bob. >> good to be here. thanks. >> i wanted to talk about the chevy impala that knocked off the consumer socks off. how import
we have a great team on the ground and improving in a very economic-challenged environment. it is good progress today. >> another story getting a lot of attention today is what consumer reports say about the 2014 chevy impala, and rave reviews. they gave the car 95 of 100, and s essentially, putting it on the list for large dance and yoused. it has always been a foreign brand and you to go back 20 years to get a american-made car to the top. if you look at the shares of general motors and...
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Jul 29, 2013
07/13
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FOXNEWSW
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so when a helicopter descends into a desert environment, it inevitably kicks up all this dust and sand and sand is actually harder than the metals that make up these wing tips. so these spinning wing tips spinning at hundreds of miles an hour impact the sand and the sand kicks up tiny, finely ground pieces of metal and they ignite in the air and that's this little galaxy, shower of sparks that you see. >> steve: you have done a very good job of explaining exactly how that works. kyle hill with scientific american, thank you very much for joining us this morning from chicago. great description. >> thank you for having me. >> kelly: who knew science could be so beautiful. >> anna: again, unique to that area because of all the dust and the sand. we have more "fox & friends" coming up in three minutes. don't go anywhere ♪ ♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get off the test track. get the mercedes-bz you've been burning for at the summ event, going on now at your authorized mercedes-benz dealer. but hurry, offers end july 31st. it fills you with energy... and it g
so when a helicopter descends into a desert environment, it inevitably kicks up all this dust and sand and sand is actually harder than the metals that make up these wing tips. so these spinning wing tips spinning at hundreds of miles an hour impact the sand and the sand kicks up tiny, finely ground pieces of metal and they ignite in the air and that's this little galaxy, shower of sparks that you see. >> steve: you have done a very good job of explaining exactly how that works. kyle hill...
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